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Gen Digital

532 hedge funds and large institutions have $9.19B invested in Gen Digital in 2023 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 165 increasing their positions, 217 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more call options, than puts

Call options by funds: $48.2M | Put options by funds: $16.1M

40% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 43

3% more funds holding

Funds holding: 518532 (+14)

0.78% less ownership

Funds ownership: 81.88%81.1% (-0.78%)

5% less capital invested

Capital invested by funds: $9.69B → $9.19B (-$495M)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

24% less repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 217

Holders
532
Holders Change
+14
Holders Change %
+2.7%
% of All Funds
8.44%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.08%
New
60
Increased
165
Reduced
217
Closed
43
Calls
$48.2M
Puts
$16.1M
Net Calls
+$32.1M
Net Calls Change
+$3.96M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.2B -$11.9M -608,759 -0.9%
BlackRock
2
BlackRock
New York
$1.1B -$13.7M -700,540 -1%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$588M +$55M +2,819,804 +9%
State Street
4
State Street
Massachusetts
$514M -$23.6M -1,209,411 -4%
AllianceBernstein
5
AllianceBernstein
Tennessee
$352M -$81.7M -4,184,194 -17%
SV
6
Starboard Value
New York
$329M -$5.97M -305,890 -2%
Boston Partners
7
Boston Partners
Massachusetts
$274M +$65.3M +3,347,456 +28%
Ameriprise
8
Ameriprise
Minnesota
$245M +$9.07M +464,649 +3%
BGC
9
Beutel, Goodman & Co
Ontario, Canada
$233M +$12.2K +625 +0%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$231M +$4.53M +232,310 +2%
Franklin Resources
11
Franklin Resources
California
$202M -$528K -27,069 -0.2%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$201M +$2.1M +107,816 +1%
Legal & General Group
13
Legal & General Group
United Kingdom
$180M -$14.4M -737,092 -7%
First Trust Advisors
14
First Trust Advisors
Illinois
$177M -$4.38M -224,247 -2%
N
15
Nuveen
North Carolina
$158M -$27.4M -1,401,642 -14%
LAM
16
Lyrical Asset Management
New York
$153M +$2.62M +134,139 +2%
Invesco
17
Invesco
Georgia
$150M -$4.15M -212,675 -2%
PWAM
18
Park West Asset Management
California
$110M -$17.7M -909,000 -13%
Pictet Asset Management
19
Pictet Asset Management
Switzerland
$110M +$121M +6,197,945 New
Northern Trust
20
Northern Trust
Illinois
$107M +$5.95M +304,830 +5%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$92.7M -$1.72M -87,894 -2%
Citadel Advisors
22
Citadel Advisors
Florida
$82.5M -$40.5M -2,073,690 -31%
LSV Asset Management
23
LSV Asset Management
Illinois
$77.4M +$83.9M +4,299,618 +5,429%
CS
24
Credit Suisse
Switzerland
$75.2M -$1.54M -79,143 -2%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$72.1M +$11M +563,971 +16%

GEN Hedge Fund Activity: Q3 2023 in Review

532 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Gen Digital (GEN) for Q3 2023, worth a combined $9.19B — down 5.1% from $9.69B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new GEN positions and 43 closed out — a net gain of 17 holders — while 165 added to existing stakes and 217 trimmed.

The largest buyer was LSV Asset Management, adding an estimated $83.9M. The largest seller was AllianceBernstein, cutting an estimated $81.7M.

  • 532 institutional investors held Gen Digital (GEN) as of Q3 2023, up from 518 in Q2 2023.
  • Funds reported $9.19B of Gen Digital stock for Q3 2023, down 5.1% quarter-over-quarter.
  • 60 funds opened new Gen Digital positions in Q3 2023 and 43 closed out, a net change of +17 holders.
  • The largest Gen Digital buyer in Q3 2023 was LSV Asset Management, an estimated $83.9M added.
  • The largest Gen Digital seller in Q3 2023 was AllianceBernstein, an estimated $81.7M sold.

Based on aggregated 13F filings for Q3 2023.